Disposition Fee definition

Disposition Fee shall have the meaning set forth in Section 8.03.

Disposition Fee means the fees payable to the Advisor pursuant to Section 8.03.

Disposition Fee means the fee paid to the Advisor in connection with the sale of a property as described in Section 9.3 of this Advisory Agreement.

Examples of Disposition Fee in a sentence

• Generally, the Disposition Fee payable to the Advisor shall be paid at the closing of the transaction upon receipt of the invoice by the Company.

• The Advisor shall submit an invoice to the Company following the closing or closings of each disposition, accompanied by a computation of the Disposition Fee.

• The Advisor shall submit an invoice to the Company on or about the closing or closings of each disposition, accompanied by a computation of the Disposition Fee.

• Upon Listing, if the Advisor has accrued but not been paid such Subordinated Disposition Fee, then for purposes of determining whether the subordination conditions have been satisfied, Stockholders will be deemed to have received a Distribution in the amount equal to the product of the total number of Shares outstanding and the average closing price of the Shares over a period, beginning 180 days after Listing, of 30 days during which the Shares are traded.

• However, the Disposition Fee may or may not be taken, in whole or in part, as to any year in the sole discretion of the Advisor.

More Definitions of Disposition Fee

Disposition Fee means the fee payable to the Advisor under Section 4.6 hereof.

Disposition Fee means the Disposition Fee as defined in Section 9(d) of this Agreement.

Disposition Fee means the fees payable to the Advisor pursuant to Section 9(c). Distributions mean any distributions of money or other property by the Company to Stockholders, including distributions that may constitute a return of capital for federal income tax purposes.

Disposition Fee means the fee payable to the Advisor or any of its Affiliates pursuant to Section 10(c).

Disposition Fee means the fee that the Corporation shall pay, at the closing, to the Advisor or an Affiliate that provides a substantial amount of services (as determined by a majority of the Directors, including a majority of the Independent Directors). The Disposition Fee shall be equal to: (i) in the case of the sale of: (a) one-half of the Competitive Real Estate Commission paid up to 3% of the Contract Price or, if none is paid, the amount that customarily would be paid, or (b) 3% of the Contract Price of each Real Estate Asset sold, and (ii) in the case of the sale of any Real Estate Related Investments, 3% of the sales price of such Real Estate Related Investments. Any Disposition Fee payable under the Advisory Agreement may be paid in addition to real estate commissions paid to non-Affiliates, provided that the total real estate commissions (including such Disposition Fee) paid to all Persons by the Corporation for each Real Estate Asset, upon disposition thereof, shall not exceed an amount equal to the lesser of (1) 6% of the aggregate Contract Price of each Real Estate Asset or (2) the Competitive Real Estate Commission for each Real Estate Asset. The Corporation will pay the Disposition Fee for a property at the time the property is sold.

Disposition Fee. The Disposition Fee as defined in Section 9(d) hereof.

Disposition Fee. This term shall have the meaning set forth in the Management Agreement.